Monday June 18, 2:10 PM
Seoul shares close above 1,800-pts for first time
SEOUL, June 18 (Reuters) - Seoul shares surged past the
1,800-points level for the first time on Monday after Friday's
tame U.S. inflation data lifted exporters, while some brokerages
jumped by the daily limit on expectations of a continued market
rally.
The benchmark Korea Composite Stock Price Index (KOSPI)
rose 1.95 percent to score a record close of 1,806.88
points, just off an all-time high of 1,807.51.
Samsung Electronics Co. Ltd. rose 2.61 percent to
589,000 won, while Hyundai Securities gained by the
daily limit of 15 percent to 27,000 won.
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